Samsara (NYSE:IOT) Trading 5.4% Higher – Should You Buy?

Shares of Samsara Inc. (NYSE:IOT) traded up 5.4% during trading on Friday . The stock traded as high as $29.31 and last traded at $29.4990. 660,204 shares were traded during trading, a decline of 91% from the average session volume of 7,477,682 shares. The stock had previously closed at $27.99.

Trending Headlines about Samsara

Here are the key news stories impacting Samsara this week:

• Positive Sentiment: Recent coverage highlights Samsara’s annual recurring revenue reaching $1.89 billion, with enterprise adoption and AI-driven products still fueling growth despite a tougher competitive backdrop. Samsara Declines 22.4% Year to Date: Buy, Hold or Sell the Stock?
• Positive Sentiment: Analysts remain constructive, with multiple firms maintaining buy-equivalent ratings and an average target price above the current trading range, reinforcing the market’s long-term growth expectations for IOT. NYSE:IOT stock page
• Neutral Sentiment: Commentary also frames Samsara as a valuation debate, suggesting investors are still weighing its strong revenue growth against the stock’s pullback from earlier highs. NYSE Composite: Is Samsara AI Transforming Public Operations?
• Negative Sentiment: Several insider sales by co-founder/CEO Sanjit Biswas, co-founder John Bicket, and CAO Benjamin Louis Kirchhoff totaled hundreds of thousands of shares, which may weigh on sentiment even though the transactions were made under pre-arranged 10b5-1 plans. SEC filing for Sanjit Biswas sale SEC filing for John Bicket sale SEC filing for Benjamin Louis Kirchhoff sale

Analyst Upgrades and Downgrades

Several research firms have issued reports on IOT. Weiss Ratings restated a “sell (d-)” rating on shares of Samsara in a research report on Thursday, January 22nd. Piper Sandler reissued an “overweight” rating and issued a $39.00 target price (up from $37.00) on shares of Samsara in a research note on Friday, March 6th. BTIG Research reduced their price target on Samsara from $55.00 to $45.00 and set a “buy” rating on the stock in a research report on Friday, March 6th. Wells Fargo & Company raised their price target on Samsara from $43.00 to $46.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Finally, BMO Capital Markets boosted their price objective on Samsara from $40.00 to $44.00 and gave the company an “outperform” rating in a research report on Friday, March 6th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $46.18.

Samsara Stock Up 5.7%

The stock has a market cap of $17.18 billion, a PE ratio of -1,478.71, a PEG ratio of 10.84 and a beta of 1.29. The business’s 50-day simple moving average is $30.60 and its 200-day simple moving average is $33.12.

Samsara (NYSE:IOT) last posted its earnings results on Thursday, March 5th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.05. Samsara had a negative net margin of 0.56% and a negative return on equity of 0.72%. The company had revenue of $444.30 million during the quarter, compared to analyst estimates of $422.29 million. During the same period in the prior year, the business posted $0.11 earnings per share. Samsara’s revenue for the quarter was up 28.3% on a year-over-year basis. Samsara has set its Q1 2027 guidance at 0.120-0.130 EPS and its FY 2027 guidance at 0.650-0.690 EPS. As a group, equities research analysts anticipate that Samsara Inc. will post 0.06 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, CAO Benjamin Louis Kirchhoff sold 2,554 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $27.47, for a total value of $70,158.38. Following the completion of the sale, the chief accounting officer owned 111,704 shares of the company’s stock, valued at $3,068,508.88. This trade represents a 2.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Dominic Phillips sold 19,547 shares of Samsara stock in a transaction on Friday, May 1st. The shares were sold at an average price of $30.00, for a total transaction of $586,410.00. Following the completion of the sale, the insider owned 462,801 shares in the company, valued at approximately $13,884,030. This trade represents a 4.05% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 2,718,893 shares of company stock valued at $77,263,103 in the last 90 days. 46.49% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Baillie Gifford & Co. boosted its stake in shares of Samsara by 15.0% during the 4th quarter. Baillie Gifford & Co. now owns 47,660,513 shares of the company’s stock valued at $1,689,565,000 after purchasing an additional 6,208,553 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in Samsara by 58.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 11,878,112 shares of the company’s stock worth $421,079,000 after buying an additional 4,401,082 shares in the last quarter. Norges Bank purchased a new stake in Samsara in the fourth quarter worth about $127,415,000. Vanguard Group Inc. lifted its holdings in Samsara by 11.5% in the fourth quarter. Vanguard Group Inc. now owns 33,134,549 shares of the company’s stock worth $1,174,620,000 after buying an additional 3,417,849 shares during the period. Finally, Brown Advisory Inc. boosted its position in Samsara by 42.1% during the 4th quarter. Brown Advisory Inc. now owns 11,213,972 shares of the company’s stock valued at $397,536,000 after acquiring an additional 3,322,023 shares in the last quarter. 96.02% of the stock is currently owned by institutional investors.

Samsara Company Profile

Samsara develops an industrial Internet of Things (IoT) platform designed to help organizations monitor, manage, and optimize physical operations. The company combines connected hardware — including telematics devices, GPS trackers, dash cameras, and environmental sensors — with cloud-based software to provide real-time visibility into vehicles, mobile equipment, and fixed assets. Its software offers tools for fleet management, driver and worker safety, asset tracking, compliance (including electronic logging), maintenance scheduling, and operational analytics.

The Samsara platform emphasizes integration of live data streams with analytics and workflow features to drive efficiency and safety across industries that rely on dispersed equipment and mobile workforces.